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Recession and rebalancing – An analysis of the credit crunch and global imbalances using a simple global model of the real side

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Author Info
Rudiger von Armin (New School for Social Research, New York, NY)
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File URL: http://www.newschool.edu/cepa/publications/workingpapers/SCEPA%20Working%20Paper%202008-4.pdf
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Paper provided by Schwartz Center for Economic Policy Analysis (SCEPA), The New School in its series SCEPA Working Papers with number 2008-4.

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Length: 20 pages
Date of creation: Dec 2008
Date of revision:
Handle: RePEc:epa:cepawp:2008-4

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Related research
Keywords: housing crisis; credit crisis;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Frederic S. Mishkin, 2007. "Housing and the Monetary Transmission Mechanism," NBER Working Papers 13518, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Wynne Godley & Marc Lavoie, 2007. "A simple model of three economies with two currencies: the eurozone and the USA," Cambridge Journal of Economics, Oxford University Press, vol. 31(1), pages 1-23, January. [Downloadable!] (restricted)
  3. Salvatore, Dominick, 2007. "U.S. trade deficits, structural imbalances, and global monetary stability," Journal of Policy Modeling, Elsevier, vol. 29(5), pages 697-704. [Downloadable!] (restricted)
  4. Wynne Godley & Gennaro Zezza, 2006. "Debt And Lending: A Cri De Coeur," Economics Policy Note Archive 06-4, Levy Economics Institute, The. [Downloadable!]
  5. Mundell, Robert, 2007. "Dollar standards in the dollar era," Journal of Policy Modeling, Elsevier, vol. 29(5), pages 677-690. [Downloadable!] (restricted)
  6. Wynne Godley & Dimitri B. Papadimitriou & Claudio H. Dos Santos & Gennaro Zezza, 2005. "The United States and Her Creditors: Can the Symbiosis Last?," Economics Strategic Analysis Archive sa_sep_05, Levy Economics Institute, The. [Downloadable!]
  7. Rattso, Jorn, 1982. "Different macroclosures of the original Johansen model and their impact on policy evaluation," Journal of Policy Modeling, Elsevier, vol. 4(1), pages 85-97, March. [Downloadable!] (restricted)
  8. Calvo, Guillermo & Talvi, Ernesto, 2006. "The resolution of global imbalances: Soft landing in the North, sudden stop in emerging markets?," Journal of Policy Modeling, Elsevier, vol. 28(6), pages 605-613, September. [Downloadable!] (restricted)
  9. Taylor, Lance & Lysy, Frank J., 1979. "Vanishing income redistributions : Keynesian clues about model surprises in the short run," Journal of Development Economics, Elsevier, vol. 6(1), pages 11-29, February. [Downloadable!] (restricted)
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